You only got $150 to lend.

Ethnic Vagina Finder

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North Jersey but I miss Cali :sadcam:
The president of you company is in town and he asks you to hold $150 until the day after tomorrow and he'll give you $175 back.

One of your coworkers asks you to hold $150 until payday. He will pay you in $25 installments every payday until you're made whole. You also know he doesn't make as much as you and he's a new employee. Only been working there a week.


Who would you lend it to?


If you said your boss, that's why small business got fukked over when it came to getting loans, and why large corporations and conglomerates got the bulk of the money.
 

Elim Garak

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No I lend money all the time to be more specific I give away money all the time but not in the situations you presented lol.
 

Commish

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OP..

Why would the President of a company I work for ask me to lend him $150? All that money he makes and he don't have $150?

As for the new employee, why would he come to me asking to borrow money when I barely know him? How do I know he gonna make good on his payments?

I get the premise of your thread, but the scenario characters are off...

If you said a low level manager and an employee who is on your pay grade level, then it would make a lil more sense to be asking to hold something..
 

Sonic Boom of the South

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Rosenbreg's, Rosenberg's...1825, Tulane
The president of you company is in town and he asks you to hold $150 until the day after tomorrow and he'll give you $175 back.

One of your coworkers asks you to hold $150 until payday. He will pay you in $25 installments every payday until you're made whole. You also know he doesn't make as much as you and he's a new employee. Only been working there a week.


Who would you lend it to?


If you said your boss, that's why small business got fukked over when it came to getting loans, and why large corporations and conglomerates got the bulk of the money.
This is quite possibly the stupidest analogy I've read in awhile
 

Pete Wrigley

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I ain't got time for broke boy shyt :rudy:

I can do bad all by myself :rudy:

If the President of my company pulled this shyt, I'd quit right fukking there....the fukk I look like :rudy:
 

Ethnic Vagina Finder

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For people that don’t get the analogy in it’s basic terms shows how dumb most of society is.


Banks gave loans to large companies because of the size and their probability of paying. The bank bail out (TARP) that people complained about was paid back in full with interest.

A large corporation with a stable revenue stream and liquidity is safer than a small business with a high probably of defaulting 6 months from now.
 

sfgiants

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Stupid example. Odds are if you’d lend to either, you’d lend to the first person to ask

not like the president AND your co worker gona come up to you at the same time and then you’re forced to make a decision on the spot

also in this scenario you ONLY have 150$ then you can’t lend anymore. fakkit ass banks openly choose to lend to big corps over small businesses. They have the means and resources to be fair and choose not to be.
 
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